Which tax form is submitted by an individual with no dependents and minimal claims to determine whether they owe the government taxes or will receive a refund?
Answer (2)
The 1040 or 1040EZ is the tax form that is traditionally submitted by an individual without dependents and minimal claims to determine what they owe the government in taxes or if they will receive a refund.
Individuals without dependents typically submit Form 1040 or 1040EZ to determine their tax liabilities or refund eligibility. This process involves reporting income and calculating any applicable deductions and credits. Filing is usually done annually by April 15th.
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